Us-1 Ormond Beach, FL 32174
- Land
- 0.87 lot acres
Current Use by Public Records
- Land
Property Details for 0 Us-1
- Lot size
- 0.87 lot acres
- Property type
- Land
Description
This exceptional offering presents several prime retail outparcels within the Ormond Gateway development, situated on US Highway 1 in Ormond Beach, Florida. These parcels range from 0.87 to 4.85 acres and are priced at $1,200,000 per acre. The property boasts a highly desirable B-7, Highway Tourist Commercial zoning designation, permitting a wide array of commercial uses, including gas stations, quick-service restaurants, medical facilities, and retail strip centers. The location offers unparalleled visibility and accessibility, situated less than a quarter-mile north of I-95, Exit 273, the primary northern entry point into Volusia County. This strategic positioning allows for easy access to substantial highway traffic. The outparcels will be delivered with complete master infrastructure, including stormwater management, utilities, and attractive entrance features. The site benefits from a lighted intersection serving as the main entrance to Destination Daytona, a thriving mixed-use entertainment complex featuring well-known brands such as Harley Davidson, Love's Travel Stop, and others. The US Highway 1 corridor is experiencing significant growth, with new residential subdivisions and multifamily communities adding over 5,000 new households to the immediate area, ensuring a robust and expanding customer base. The property offers over 1,000 feet of frontage on US Highway 1, providing exceptional exposure for any commercial venture. This is a rare opportunity to acquire land in a high-growth area with excellent visibility and access to a large consumer base.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.1307
- Latitude
- 29.3355